Summary by Moomoo AI
Bank of E Asia Limited submitted a new next-day disclosure report on July 2, 2024, disclosing its share repurchase situation. According to the report, East Asia Bank repurchased shares from June 24 to July 2, 2024 in accordance with the regulations of the Hong Kong Stock Exchange. The number of repurchased shares ranged from 173,000 to 107,400, and the repurchase price range was HKD 9.76 to HKD 10 per share. The total number of repurchased shares is 107,400, and the total payment price is HKD 1,073,592. The bank obtained share repurchase authorization on May 10, 2024, and has repurchased 5,596,600 shares on the exchange, accounting for 0.2118% of the issued shares (excluding treasury shares) on that day. The repurchased shares are intended to be cancelled, and there are no treasury shares to be held. In addition, East Asia Bank will not issue any new shares or resell or transfer treasury shares during the suspension period after the share repurchase, which ends on August 1, 2024.